The Washington Economics Group

Institute for Commercialization of Florida Technology Delivers over $3.4 Billion Economic Impact

The Institute for Commercialization of Florida Technology (the Florida Institute) announced the results of a new study conducted by The Washington Economics Group, Inc. (WEG), a Coral Gabes-based boutique economic consulting firm led by nationally recognized business economist Dr. J. Antonio (Tony) Villamil. The study measured economic impacts of the Florida Institute during FY 2020-21 to update prior years’ studies and concluded that the orgaization’s economic impact increased by $761 million to $3.4 billion. Florida Institute funded companies continue to raise investment capital, increase sales, create jobs, and bring innovative products to  market. —-Read more

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